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3 years ago

Preferred stock which confers rights to prior periods' unpaid dividends even if they were not declared is called:

Business

1 answer:

Hitman42 [59]3 years ago

3 0

Answer:

D. Cumulative preference stock.

Explanation:

A. Non cumulative Pref stock: if preference dividend is not paid in the current year, it is forfeited.

B. Participating Pref Stocks: Holders can participate in profit sharing after receipt of fixed interest.

C. Callable Pref Stock: This are stocks that the company can redeem in between. Hence the company can redeem it at a premium.

D. Cumulative Pref Stock: The dividend are accumulated and paid anytime before payment to common stock holders.

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Determine how the following scenarios affect the firm's cash position. Identify whether the scenario describes a financing, inve

pochemuha

Answer and Explanation:

The classification is as follows:

1. Dividend of preferred stock paid - Financing activity

2. Purchase of the property for a future factory - Investing activity

3. Issuance of the common stock shares - Financing activity

4.Rise in accrued liabilities - Operating activity

5. Sell some old equipment - Investing activity

The following are expected to increase in the cash flow

1. Issuance of the common stock shares

2. Rise in accrued liabilities

3. Sell some old equipment

Increase inventory holdings - Operating activity

Sell a tract of land it has held for years - Investing activity

4 0

3 years ago

The step in the formal planning process known as __________ involves studying past events, examining current conditions, and for

grigory [225]

Situation analysis

I hope this helps (:

6 0

2 years ago

The following information was taken from the 2021 financial statements of Waterway Industries: Bonds payable, January 1, 2021 $

zalisa [80]

Answer:

the amount reported as proceeds from bond issuance is $4,509,000

Explanation:

The computation of the amount reported as proceeds from bond issuance is as follows

Total Bond Issued during 2021

= Bonds payable, December 31, 2021 - Bonds payable, January 1, 2021 + Bond Payable retired

= $4,830,000 - $809,000 + $807,000

= $4,828,000

Now

Bond issued for cash is

= Total bond issued - Bonds issued in exchange for Equipment

= $4,828,000 - $319,000

= $4,509,000

Hence, the amount reported as proceeds from bond issuance is $4,509,000

4 0

3 years ago

An analysis of comparative balance sheets, the current year's income statement, and the general ledger accounts of Wellman Corp.

RUDIKE [14]

Answer:

Explanation:

There are three types of activities in the cash flow statement which are described below:

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income and the dividend and interest is received is recorded in this activity.

The loss and gain on sale of the assets is also recorded and amortization on intangible asset is also recorded

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

The categorization is shown below:

(1) Exchange of land for patent - Non-cash investing and financing activity as it does not involve any cash transaction

(2) Sale of building at book value - Investing activity

(3) Payment of dividends - Financing activity

(4) Depreciation - Operating activity

(5) Receipt of dividends on investment in stock - Operating activity

(6) Receipt of interest on notes receivable - Operating activity

(7) Issuance of capital stock - Financing activity

(8) Amortization of patent - Operating activity

(9) Issuance of bonds for land - Non-cash investing and financing activity as it does not involve any cash transaction

(10) Purchase of land - Investing activity

(11) Conversion of bonds into common stock - Non-cash investing and financing activity as it does not involve any cash transaction

(12) Loss on sale of land - Operating activity

(13) Retirement of bonds - Financing activity

7 0

4 years ago

A local college of business offers an outstanding graduate business school education program. Marissa pays the tuition to attend

rewona [7]

Answer:

Yes, it was a marketing exchange

The payment made of the tuition was exchanged for the knowledge that led Marissa to the new paid and satisfactory job.

Explanation:

Given that changing means taking one thing for another, in the context of marketing, we understand by exchange relationship an act of communication where the parts involved (two or more) make the offer and reciprocally deliver something of value ( comparison with other objects) and useful (measure of the satisfaction obtained when receiving something of value) that passes to the other part.

3 0

4 years ago